2017

“Bitcoin Prices Are Headed to $0.00: Peter Schiff” – The Street | $15,374.30

By Alexander Reed

Last Updated: Dec 27, 2024

bitcoin obituary
Investors are drunk on the Kool-Aid that is bitcoin, according to veteran market forecaster Peter Schiff, CEO of Euro Pacific Capital.
“Ultimately, I think bitcoin has really no value,” said Peter Schiff, CEO of Euro Pacific Capital. “In the market, it has plenty of value. As long as there’s buying, there’s value. But when the buying goes away, so does the value.”

Eulogy made by Peter Schiff

Source

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Alexander Reed
Alexander Reed
Editor

Having delved into futures trading in the past, my intrigue in financial, economic, and political affairs eventually led me to a striking realization: the current debt-based fiat system is fundamentally flawed. This revelation prompted me to explore alternative avenues, including... Read More

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